After Bitcoin successfully stabilized above the bull support line last week, it failed to maintain its upward momentum, and the brief rebound last night also failed to break through the resistance level of $62,000. Bitcoin's future trend will depend on whether it can continue to stay above the bull support line and break through the key level of $70,000, which will be the key to launching an aggressive bull market. From a short-term strategy perspective, market big players seem to be cultivating retail investors' short-selling sentiment and strategy. This week's weekly closing is particularly critical, especially after Bitcoin rebounded to $61,000 before, or investors may chase high and enter the market.

In terms of operating strategy, it is recommended to actively buy when the price drops sharply, and adopt a batch investment (DCA) strategy in small quantities when the price is sideways, which is a more stable method. At the same time, it is worth noting that Trump recently announced the sale of NFTs, and then the U.S. Securities and Exchange Commission (SEC) issued a Wells notice to OpenSea, apparently to suppress the NFT market. This behavior reflects the nervous attitude of the Democratic Party. Whether it is Biden's possible early retirement, peace talks with China, or the response of the SEC, they all show that they are under pressure. These measures also indirectly increase the possibility of Trump coming to power again. Let us continue to observe how this series of events will further affect the market. #美联储何时降息？ #BNBChainMemeCoin #Telegram创始人获保释 $BTC $ETH $BNB